Omnitech InfoSolutions IPO
Omnitech InfoSolutions IPO — date, price band, lot size & details 2007
Omnitech InfoSolutions listed on 14 Aug 2007 at ₹183.75, 75% above the ₹105 issue price.
Omnitech InfoSolutions is a Mumbai based IT services company that provided business availability, business continuity and other technology services to companies. Its total income was Rs 77.80 crore in FY2007.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 12 November.
- Open 19 Jul 2007
- Close 25 Jul 2007
- Allotment 07 Aug 2007
- Refund/credit TBA
- Listing 14 Aug 2007
Issue summary
The terms of the offer, as filed.
| IPO Dates | 19 to 25 Jul, 2007 |
|---|---|
| Price Band | ₹90 – ₹105 |
| Face Value | ₹10 |
| Lot Size | 60 Shares |
| Issue Size | ₹35 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | MUFG Intime India Private Limited |
| Min Investment | ₹ 6,300 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 60 shares at the ₹105 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 60 | ₹6,300 |
| Retail (max) | 31 | 1,860 | ₹1,95,300 |
| S-HNI (min) | 32 | 1,920 | ₹2,01,600 |
| S-HNI (max) | 158 | 9,480 | ₹9,95,400 |
| B-HNI (min) | 159 | 9,540 | ₹10,01,700 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 46.67 crore in FY2005 to Rs 77.80 crore in FY2007.
- 02Profit after tax rose from Rs 1.01 crore in FY2005 to Rs 12.18 crore in FY2007.
- 03Net worth rose from Rs 9.79 crore in FY2005 to Rs 30.44 crore in FY2007.
- 04Return on net worth was 38.87%.
Risks · 5
- 01Profit after tax rose sharply from Rs 6.25 crore in FY2006 to Rs 12.18 crore in FY2007, so past growth may not repeat.
- 02IT outsourcing services face strong competition on price; total income was Rs 54.16 crore in FY2006.
- 03Rs 19.50 crore of the issue was for acquisitions or strategic investments that were not named.
- 04It was a small company, raising Rs 35 crore against a net worth of Rs 30.44 crore.
- 05Promoter and promoter group holding fell from 72.62% before the issue to 54.20% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Omnitech InfoSolutions offer document.
| Metric | 31 Mar 2007 | 31 Mar 2006 | 31 Mar 2005 |
|---|---|---|---|
| Total Income | 77.80 | 54.16 | 46.67 |
| Profit After Tax | 12.18 | 6.25 | 1.01 |
| NET Worth | 30.44 | 16.67 | 9.79 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Omnitech InfoSolutions RHP.
Where the money goes
₹40.25 Cr of the issue is earmarked to named objects.
About the company
It is a technology service provider that offers IT services and technology enabled services to companies that outsource their IT support functions.
Its offerings included business availability services, business continuity services and IT products.
The IPO was Rs 35 crore and was entirely a fresh issue at Rs 105, the top of the Rs 90 to Rs 105 band. The money was mainly for acquisitions or new technology centres, upgrading facilities and overseas offices.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Omnitech InfoSolutions IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Standard Chartered Securities (India) Ltd
24 issues handledBest listing: Vivimed Labs (+87.1%). Weakest: Abhishek Mills (-14.9%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Omnitech InfoSolutions?
The current Grey Market Premium is ₹0.
What is the Omnitech InfoSolutions IPO price band?
₹90 to ₹105, on a face value of ₹10.
When is the allotment?
The basis of allotment is 7 August 2007, with listing on 14 August 2007.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — MUFG Intime India Private Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
